Private debt would represent a new investment for the trust.
The contracts of incumbent providers will expire later this year.
The retirement system had anticipated initiating the search per state regulations.
The retirement board is seeking an active value-oriented international equity manager.
The retirement system approved the search at its February board meeting.
The retirement system is seeking international equity managers to handle a mandate benchmarked to the MSCI ACWI ex-US Index.
The plan made a hire in its non-discretionary hedge fund consultant search earlier this year.
The plan interviewed three firms for its emerging markets equity mandate.
The plan also made private markets commitments totaling $15 million in January.
Empower Retirement currently serves as the plan’s record keeper.